1818.4000 16.60 (0.92%)
NSE Sep 01, 2025 15:31 PM
Volume: 136.7K
 

1818.40
0.92%
Reliance Securities
ACC has reported a healthy operating performance in 3QCY17 mainly supported by higher volume and higher contribution of premium products. While revenue grew by 26% YoY to Rs30.5bn, EBITDA registered a robust growth of 52% YoY (down 29% QoQ) to Rs3.5bn, surpassing our estimate of Rs3bn. Cement EBITDA/tonne stood at Rs569 in 3QCY17 vis--vis Rs437 and Rs715 in 3QCY16 and 2QCY17, respectively. Reported net profit stood at Rs1.8bn (+111% YoY and -45% QoQ). Going ahead, we expect ACC to continue reporting healthy volume in the next 2-3 quarters more on account of stabilisation of new capacity in Eastern markets and favourable demand in the region. However, given the absence of any capacity addition...
ACC Ltd. has an average target of 2261.86 from 7 brokers.
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